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ReaLily
28.10.2019 •
Mathematics
What is 2/3 a number plus 4 equals 7
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Ответ:
n = 4
Ответ:
Step-by-step explanation:
This problem is based on compound interest, and the expression for the compound interest is given as
Given Data
A=final amount = ?
P=initial principal balance = $2,500
r=interest rate = 2.1%= 0.021
t=number of time periods elapsed= 14 years
Substituting our data into the compound interest formula we can solve for the final amount
Hence to the nearest hundred we have the account balance has $3,000